Garch model indentification using neural network

GARCH models are being largely used to estimate the volatility offinancial assets, and GARCH(1,1) is the one most used. However, identificationof GARCH models is not fully explored. Some specialist systems technology havebeen used in some applications of time series models such as time seriesclassif...

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Detalles Bibliográficos
Autores: Caldeira, André Machado, Machado, Maria Augusta Soares, Souza, Reinaldo Castro, Tanscheit, Ricardo
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2014
País:Brasil
Institución:Instituto Federal de Educação, Ciência e Tecnologia de São Paulo (IFSP)
Repositorio:Independent Journal of Management & Production
Idioma:inglés
OAI Identifier:oai:www.ijmp.jor.br:article/161
Acceso en línea:http://www.ijmp.jor.br/index.php/ijmp/article/view/161
Access Level:acceso abierto
Palabra clave:GARCH
Volatility
Identification.
Descripción
Sumario:GARCH models are being largely used to estimate the volatility offinancial assets, and GARCH(1,1) is the one most used. However, identificationof GARCH models is not fully explored. Some specialist systems technology havebeen used in some applications of time series models such as time seriesclassification problems, ARMA models identification, as well as SARIMA. The aim of this paper is to develop an intelligent system that can accurately identifythe specification of GARCH models providing the right choice of the model to beused, thus avoiding the indiscriminate usage of GARCH(1,1) model.